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South Korea

Latest South Korea news

3 articles

Illustrative image: a stock market environment with screens showing price fluctuations and graphs, representing financial market volatility.

Markets

The Volatility of the South Korean Market Affects Its International Image

The instability of the South Korean stock market, the best performer in 2026, affects its international image. Volatility exceeds 60% as reforms are sought.

Álvaro Sáez Ferrer · 21 September 2026

Illustrative image: a welding robot in the foreground off-centre in an empty factory, with natural light coming through large windows and elongated shadows.

Companies

GM Korea reaches provisional wage agreement with a rise of 92,000 won

GM Korea and unions agree on a base salary increase of 92,000 won and bonuses of 15 million as part of the 2026 collective agreement.

Beatriz Lorenzo Aguirre · 23 Jul 2026

Close-up of a silicon wafer with circuits illuminated by blue and orange lights

Economy

South Korea Raises Interest Rates for the First Time Since 2023 Due to AI Chip Surge

The Bank of Korea raises rates to 2.75% for the first time since 2023, driven by the boom in AI chips and stronger-than-expected economic growth.

Álvaro Sáez Ferrer · 16 Jul 2026